Section 139 Nigeria Tax Act 2025

Section 139 of the Nigeria Tax Act 2025 is about Appraisements. It provides as follows:

(1) Every appraisement or valuation carried out for the purpose of ascertaining the value of a real property is subject to duty, which shall be accounted for by the appraiser.

(2) For the purpose of Chapter Five of this Act, “appraiser” means any person who values or appraises any estate or real property, or any interest, whether in possession or not, in any estate or real property, for a fee.